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Showing 161 - 170 of 964 results for "Unemployment Rate"

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 19 JUN 2020
... available to work) then the number of unemployed people would have increased to around 1.1 million people (and an unemployment rate of around 8.1%)." "Looking at the cumulative change between March and May, had the increase in the number of people who ...

Chief economist update: COVID-19 nightmare makes Brexit a dream

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
... month. Worse, despite the government's recent pandemic initiatives (which limited the deterioration in the unemployment rate - 3.9% in April from a half-century low of 3.8% in November 2019), those claiming unemployment insurance more than doubled ...

Chief economist update: Don't fight the Fed

BENJAMIN ONG  |  THURSDAY, 11 JUN 2020
... (instead of the 2.0% expansion forecast in December 2019) before rebounding to 5.0% in 2021 and 3.5% in 2022; the unemployment rate to rise to 9.3% in 2020 and decline to 6.5% in 2021 and 5.5% in 2022; the PCE price inflation would decelerate from 1.4% ...

A-REIT winners, losers of the 'new normal'

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... contraction in convenience centres (seen as more defensive thanks to their exposure to supermarkets). With the unemployment rate at all time highs, office tenant demand will also be impacted, as will vacancy rates and market rent, Pham said. "What we've ...

Chief economist update: US labour market turns V-shaped

BENJAMIN ONG  |  TUESDAY, 9 JUN 2020
... health services, and retail trade but while government jobs continued to decline. Equally ebullient, the US unemployment rate dropped to 13.3% in May versus 14.7% in April and market expectations for a continued climb to 19.8%, despite the increase in ...

Chief economist update: What to expect when you're expecting

BENJAMIN ONG  |  TUESDAY, 2 JUN 2020
... 2020 and by around 6% over the year as a whole. This is followed by a bounce-back of 6% next year." "...the unemployment rate peaks at around 10% over coming months and is still above 7% at the end of next year." "Inflation remains below 2% over the ...

Australia approaches fiscal cliff: UBS

ALLY SELBY  |  WEDNESDAY, 20 MAY 2020
... employees)," UBS said. The bank expects LFS employment to continue to decline over the coming months, with the unemployment rate lifting towards 101/2%. "However, it now appears this may take longer until Q4 (instead of Q2) - post the (planned) expiry ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
... offices seen over the past two months, along with business closures and social restrictions. The 'dreamy' unemployment rate is explained by the sharp drop in the participation rate from 66.0% in March to a 15-year low of 63.5% in April - those ...

Australia facing largest ever GDP fall

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... South Australia, Tasmania, the Northern Territory and the ACT," Frydenberg said. "Treasury is forecasting the unemployment rate to reach around 10%, or 1.4 million unemployed, in the June quarter." The five percentage point increase in the unemployment ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
... Statistics (BLS) released actual non-farm payrolls numbers, underscoring the bother Uncle Sam finds itself in. The US unemployment rate soared to 14.7% in April -- its highest level on record - from 4.4% in the previous month (reality) and, mind you ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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